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Why Shriram Fixed Deposit Is the Best Investment Option for Women


Fixed Deposits (FD) are among the safest option for investment. There are many investment options available in the market and an investor can get confused about where to invest. 58% of women prefer to invest their money either in FDs, Public Provident Funds (PPF), or savings account.

Due to their distinct financial goals, liquidity requirements, and investment capabilities, women have diverse investment needs. By opting for fixed deposits, women have the flexibility to tailor their payouts to suit their financial requirements. Furthermore, fixed deposits typically provide more attractive interest rates than savings accounts.

Shriram Fixed Deposit offers high interest rates of up to 9.20%* p.a. inclusive of a special interest benefit of 0.10%* p.a. for women depositors and 0.50%* p.a. for senior citizens. You can calculate the exact amount of interest you’ll earn with the help of the Shriram Fixed Deposit Interest Calculator. For individuals who are uncertain about the investment alternatives at their disposal or have not yet commenced their investment journey, fixed deposits present an excellent opportunity to safeguard their financial future.

Why is FD a Smart Investment?

One of the investment options that provide a high degree of safety and low risk is the fixed deposit (FD). The name "fixed deposit" comes from the fact that you are guaranteed to receive a predetermined return on your investment, no matter how the market performs. Compared to stocks and mutual funds, FDs are perceived as a more secure investment due to their guaranteed returns and lack of growth-related risks.

What are the Types of Fixed Deposits?

FDs are generally of 2 types: cumulative and non-cumulative. Let us understand the difference between cumulative fixed deposit and non-cumulative fixed deposit.

Basis of DifferenceCumulative FDNon-Cumulative FD
Payout PeriodTill maturityUsually paid monthly, quarterly, half-yearly or annually
Compounding EffectCompounded monthly, quarterly or yearlyNo compounding, the interest is paid to the investor on the interval opted by them
Type of InterestCompound interestSimple interest

Which one is Better: Fixed Deposit or National Savings Certificate (NSC)?

Another investment option that provides stable income is the National Savings Certificate (NSC). However, there is a minor downside when comparing it to FDs - the invested amount in NSC is locked in for a period of 5 or 10 years. On the other hand, while the investment amount in FDs is also locked-in, it can be withdrawn prematurely in case of emergencies by paying nominal charges.

For female investors, FDs could be a preferable choice due to their hassle-free nature and high liquidity, which can prove helpful during times of financial need.

Rule 72: Doubling Your Investment

Rule 72 helps you understand when an invested amount gets doubled on investment. Divide the number 72 by the annual interest rate and it will give you the time when your invested money gets doubled.

Let us understand this with an example.

You invest ₹10,000 at an interest rate of 8% per annum.

Using Rule 72: 72/8 = 9

So, it will take 9 years for your invested amount of ₹10,000 to get doubled and become ₹20,000.

Why is FD Better Than Other Investments?

  • FDs offer fixed interest rates, which means that you do not have to worry about market fluctuations affecting your returns.
  • FDs are highly liquid investments, which means that you can withdraw your funds whenever required.
  • There are several tax benefits and insurance coverage available for FDs.
  • You can invest in tax-saver FDs for a period of 5 years, which allows you to claim a deduction in your taxable income under Section 80C of the Income Tax Act.
  • FDs also offer the flexibility to obtain loans from most banks, which can be useful during financial emergencies.

Shriram Fixed Deposit for Women

In the world of finance, fixed deposits (FDs) are known for their safety and stability, and Shriram Fixed Deposit is one of the most popular FD schemes available in India.Shriram Finance offers a unique FD scheme designed exclusively for women investors, which offers several benefits and features that make it an attractive investment option. Shriram Finance is a renowned non-banking financial company (NBFC) in India. It has been serving investors in the area of personal finance for over 43 years and is highly trustworthy. The following factors make Shriram Fixed Deposit best for women:

Higher Interest Rates:

One of the main benefits of investing in Shriram Unnati Fixed Deposit for women is that it offers higher interest rates compared to regular FD schemes. Women investors can earn up to 0.10%* p.a. higher interest rates on their investments, which can result in significant earnings over time.

Flexible Investment Tenure:

Another advantage of investing in Shriram Fixed Deposit is that it offers flexible investment tenures ranging from 12 to 60 months. This means that women investors can choose the tenure that suits their financial goals and investment needs.

Low Minimum Investment:

Shriram Finance Fixed Deposit for women has a low minimum investment requirement of Rs. 5,000. This makes it accessible to a wide range of investors, including those with small amounts to invest.

Regular and Cumulative Interest Payment Options:

Women investors can choose between regular interest payouts and cumulative interest payouts, depending on their preferences and financial goals.

Loan Facility:

Shriram Finance Fixed Deposit for women also offers a loan facility, which allows investors to avail of loans against their FDs at attractive interest rates. This can be a useful feature during financial emergencies.

A fixed deposit not only offers security but is also highly liquid and easy to encash at times of emergencies. While others are offering an interest rate somewhere in the range of 5% to 7% p.a., Shriram Unnati Fixed Deposits are offered with attractive interest rates of up to 9.20%* p.a. In conclusion, Shriram fixed deposits for women offer a great investment opportunity for those looking to earn steady returns on their savings while minimizing risk. With attractive interest rates, flexible tenures, and additional benefits, Shriram fixed deposits are a smart investment choice for women. Invest now.


1. Is Shriram Finance registered under the Reserve Bank of India?

Yes, Shriram Finance is registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC). Shriram Finance is a subsidiary of Shriram Capital Limited, which is the holding company of the financial services businesses of the Shriram Group.

2. Is there a fee to open a fixed deposit account?

No fee is charged for the opening or maintenance of any fixed deposit account.

3. Can I apply for Shriram Fixed Deposit online?

Yes, you can invest in Shriram Fixed Deposit online by:

  • Register using your mobile number
  • Enter PAN details and investment amount
  • Enter tenure, KYC & bank details and complete your payment
  • Receive the fixed deposit receipt and maximise your returns

4. Is FD transferable?

Fixed deposits (FDs) can be transferable depending on the terms and conditions set by the bank or financial institution that holds the deposit. In some cases, banks or financial institutions may allow FDs to be transferred from one branch to another within the same bank or financial institution.

5. What are the payout intervals available with Shriram Finance?

Shriram Finance provides monthly, quarterly, half-yearly and annual interest payouts. You can opt for the term that is most suitable for you.

Shriram completes 50 years of service!

To mark this momentous occasion, we have launched Shriram Jubilee Deposit - a 50-month investment scheme.
Invest now and earn up to 9.20%* p.a. (including 0.50%* p.a. for Senior Citizens and 0.10%* p.a. for Women)

Book a Fixed Deposit & get attractive/ high returns